Who actually called the bottom / Who are the fools who shorted 6500?? :D

Here kitty, kitty :

Quote from Pekelo on 3/6 at 11 am:

5 days chart dragon failure still in progress:

Since the Height is 32 pts and Failure was at 699, it indicates a 667 3rd bottom on the cash...
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Quote from spanish89:

http://www.elitetrader.com/vb/showthread.php?threadid=156626


Think it is now appropriate to move a certain thread out of chit-chat.
And to have a quick refrsher of who made a fool of themself vs who got it right and made the cash. :cool:
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I'm a fool who shorted the bottom. For shame; however, I still maintain that this is a bear rally and that it will come tumbling back down. We already played this game before -- +900 points, and then we came back down on a hard fall. Government props up the market with some news, and then the rest of the news comes out.

Remember, there's still earnings season.
 
Sorry to hear that mate.. :(
Hope you didnt lose much money.


I would really really love the dow to actually collapse again though and break through the 6400s and make new lows!! :D :cool: :p

Seriously, i cant think of anything more beautiful than that, since it would mean that again there would eb loads of easy money to be made form ONLY BUYING it down at such low levels,
and nly ever making profit by just having EXTREME PATIENCE, and buying at reversals after big moves down. :)


I doubt we will get down to new lows though,
maybe wont even break 6800 again because the Fed annouced taht they were going to create hyper inflation, so the price tag of everything looks better and makes everything/one look 'richer',
which makes the public happy which is the most important thing for them. ;)


But i can still lie awake at night dreaming about if we do how grea that would be.. :) lol
 
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